Savant Capital LLC Trims Holdings in Autodesk, Inc. $ADSK

Savant Capital LLC cut its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 73.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,133 shares of the software company’s stock after selling 11,395 shares during the quarter. Savant Capital LLC’s holdings in Autodesk were worth $1,223,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ADSK. Torren Management LLC purchased a new stake in Autodesk during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Autodesk during the 3rd quarter valued at about $25,000. Archer Investment Corp grew its position in Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in Autodesk during the 4th quarter valued at about $44,000. Finally, iSAM Funds UK Ltd purchased a new stake in Autodesk during the 3rd quarter valued at about $46,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Zacks upgraded Autodesk (ADSK) to Rank #2 (Buy), signaling improving optimism around earnings prospects and potentially supporting further upside. Article: Autodesk (ADSK) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating and set a $330 price target, implying meaningful upside versus recent trading levels. Article: Autodesk buy rating reaffirmed by Rosenblatt Securities
• Positive Sentiment: Rothschild & Co Redburn also maintained a Buy rating while raising its price target to $360, reinforcing the bullish longer-term view on Autodesk’s shares. Article: Rothschild & Co Redburn adjusts PT on Autodesk
• Neutral Sentiment: Wells Fargo trimmed its price target to $330 from $350 but kept an Overweight rating, suggesting some caution on valuation without turning negative on the stock. Article: Wells Fargo Trims PT On Autodesk (ADSK) to $330
• Neutral Sentiment: Autodesk’s $3.6 billion cash acquisition of MaintainX could expand the company into operations and maintenance software, but it also adds execution and integration risk as investors assess whether the deal will create value. Article: Autodesk’s MaintainX Deal Expands Operations Focus While Shares Trade Lower
• Negative Sentiment: Analysts flagged timeline and business-impact risks tied to the MaintainX transaction, which could pressure sentiment if investors worry the acquisition distracts from Autodesk’s core software business. Article: Autodesk’s MaintainX Deal Faces Timeline Risks and Potential Business Impact

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley cut their price objective on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. Wells Fargo & Company cut their price objective on shares of Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday. Wolfe Research increased their price objective on shares of Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Loop Capital cut their price objective on shares of Autodesk from $250.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Stifel Nicolaus cut their price objective on shares of Autodesk from $375.00 to $285.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $327.21.

Insider Buying and Selling at Autodesk

In other Autodesk news, Director Stacy J. Smith acquired 3,435 shares of the stock in a transaction dated Friday, May 29th. The shares were purchased at an average price of $231.17 per share, for a total transaction of $794,068.95. Following the purchase, the director directly owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.14% of the stock is owned by company insiders.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $248.16 on Tuesday. The firm’s 50 day moving average price is $238.53 and its 200-day moving average price is $259.76. Autodesk, Inc. has a twelve month low of $214.10 and a twelve month high of $329.09. The company has a quick ratio of 0.85, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $52.40 billion, a PE ratio of 36.17, a price-to-earnings-growth ratio of 1.49 and a beta of 1.30.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the prior year, the business earned $2.29 EPS. The business’s quarterly revenue was up 18.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Equities research analysts expect that Autodesk, Inc. will post 9.36 EPS for the current year.

About Autodesk

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.